Risk

Paribus Vision

For those who missed our announcements on social media, we are thrilled to share the exciting news that our Mainnet v1 will be relaunched on May 31st! The past few weeks have been demanding and challenging, but we couldn’t be happier with our progress. At Paribus, we have always emphasized the importance of security. While we were shocked and saddened by the exploitation of a loophole in our code, we firmly believe in finding the silver lining in every cloud. The steps we’ve taken following this unfortunate incident have made

Beyond the Dollar

The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

Can Reconnecting with Nature Cure Technology-Induced Anxiety and Depression? Earth Wallet’s ‘Touch Grass’ Film Premiere Explores the Answer

In celebration of Earth Day, the film hopes to inspire technologists and artists to reconnect with nature and help bring a balance back to our increasingly digital lives. Singapore - Saturday, April 22 - Earth Wallet, a technology company focused on creating decentralized solutions to bring balance to technology and nature, commemorates Earth Day with the release of a captivating and thought-provoking short film titled "Touch Grass." The film follows the journey of leading web3 artists from an anxiety-inducing technology conference, to the soul-enriching and awe-inspiring journey to the top

Paribus. The Benefits of Collaboration.

After discovering we were victims of an exploit, we’ve decided to share our plans to open-source our code and make it accessible to external developers. Our aims in so doing are simple; through leveraging a wider pool of minds, we will be better positioned to avoid potential faults and bugs that may arise in the future. Open-sourcing code has become increasingly popular in recent years, with many companies and organizations embracing these principles as a way to enhance innovation, reduce costs, and improve transparency. It involves allowing the public to

Paribus. The Fragility of Finance.

Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully adjusted his language and reframed the narrative around his 25 basis point rate hike to try and calm the markets he had helped to damage. His forward guidance was only to expect further rate increases if inflation spirals out of control. He avoided taking any responsibility for the recent bank failures, claiming instead that the sector was stable and robust. In reality, the global financial system

Spool deploys on Arbitrum One to expand simplified, risk-managed DeFi access for over 2.4 million unique addresses

[vc_row][vc_column][vc_column_text] As Spool deploys on its first layer-2 blockchain, users on Arbitrum One can now build auto-rebalancing and auto-compounding DeFi portfolios with unparalleled customization, risk management, and diversification. [/vc_column_text][vc_images_carousel images="1806933,1806934,1806935,1806936,1806937" img_size="full" hide_prev_next_buttons="yes"][vc_column_text]February 2023— Spool, the DAO platform allowing institutions and users to build seamlessly customizable, risk-managed DeFi yield portfolios, launches on Arbitrum One, its first alternative blockchain to Ethereum mainnet. As the leading layer-2 blockchain in total value locked (TVL), the Arbitrum One integration brings Spool’s Smart Vault creation tool and six strategies to the network’s user ecosystem, which boasts

Illumishare launches presale of its $SRG token, backed by 24/7 live-streamed gold in Abu-Dhabi

[vc_row][vc_column][vc_column_text] Illumishare has partnered with The Private Office of His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi Royal Family and is commercially licensed by the Abu-Dhabi authorities [/vc_column_text][vc_images_carousel images="1786951,1786950,1786949" img_size="large"][vc_column_text] Dubai, UAE, November 2022 – Illumishare, a blockchain-based digital asset management ecosystem, announces the official presale of its Abu-Dhabi-licensed $SRG token, which will begin after its unveiling event in Dubai on November 22. The token is backed by 3 uncorrelated assets including gold, stored in a safe room at a bank in Abu-Dhabi and broadcast

Digital Nigeria 2022: NITDA Director General tasks Tech Innovators with Problem Solving

Kashifu Inuwa challenges entrpreneurs to identify then solve problems, during Day 3 of the Digital Nigeria 2022 International Conference ABUJA, NG, Oct 31, 2022 - (ACN Newswire) - The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE has challenged Nigerian tech innovators and entrepreneurs to identify problems bedeviling the nation with the view to proffering solutions because the government has provided a level playing field for them to achieve just that. NITDA Director General and conference host Kashifu Inuwa, CCIE, challenged Nigerian tech innovators and entrepreneurs to

Too Big to Fail?

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious

3 Popular Betting Styles in Real Scenarios

The rapid evolution of online betting sites is second only to what is known. There are several betting strategies employed in the market today. To be a successful bettor, you need to understand how betting works today. Also, according to the bookmaker, he's an on-line raffle, so he should try to incorporate a betting system to attract more bettors and keep them happy. over/under bet Gamblers can predict the number of red cards, yellow cards, throw-ins and offsides, thus expanding the prediction of over and under bets. However, some bookmakers